UIL Holdings Q4 Profit Rises - Quick Facts

(RTTNews) - UIL Holdings Corp. (UIL) reported fourth-quarter consolidated net income of $40.4 million, or $0.71 per share, an increase of $11.6 million, compared to the fourth quarter 2012. Excluding the positive regulatory adjustment, net income was $34.9 million, or $0.61 per share, for the quarter.

On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.59 for the quarter. Analysts' estimates typically exclude special items.

The company expects consolidated earnings for 2014 to be in the range of $122 million to $134 million, or $2.15 to $2.35 per share. Analysts expect the company to report 2014 profit per share of $2.27.